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40 First St ∞ Unreserved

First St, Cordage, Welland, ON, L3B 4R9

9
Beds
5
Baths
3,500 - 5,000
Sq. Ft.
$XXX,XXX
List Price
Details
Photos
50
Comparables
History
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Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building...

Welcome to 38-40 First St., a solid brick 7-unit building offering a fantastic investment opportunity in the heart of Welland. Located in a prime area near new developments, this property is close to a wide range of amenities, including schools, parks, the hospital, recreation facilities, a pharmacy, and the Welland Canal.The building boasts 4,038 square feet of above-grade living space and includes 4 one-bedroom units and 3 two-bedroom units, generating a total annual rental income of $79,511.88. Set on a spacious 100x166 ft lot with favorable INSH zoning, this property also holds significant potential for future development. Don't miss out on this versatile investment - book your showing today!

Property Details

Size

3,500 - 5,000 sq. ft.
9 Beds
7 Above Grade - 2 Below Grade
5 Baths

Parking

-

Lot

Size
100′3″ * 166′2″
Acres
-

Build

Year Built
1925
Model Name
-
Basement
Finished, Full
Exterior
Brick
Foundation
Concrete Block
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Water
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,422

Source

Listing Brokerage

MLS® Listing
X11993763
Last Updated
March 3, 2025
Brokerage
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Call us 800-591-0566

Book A Private Showing

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